Market Overview:
The global cell voltage monitors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fuel cells, batteries and electrolyzers across the globe. In addition, growing awareness about energy conservation is also propelling the demand for cell voltage monitors in various applications. Based on type, the global cell voltage monitors market is segmented into 10 channels, 32 channels, 64 channels and others. The 10 channel segment accounts for a major share of the global market and is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. This growth can be attributed to increasing demand for low-cost and compact devices in consumer electronics applications such as smartphones and tablets. Based on application, the global cell voltage monitors market is segmented into fuel cells stacks, battery packs Electrolyzers and others segments. The fuel cells stack segment accounts for majority share of revenue generated in this market owing high adoption rates across various industries such as automotive & transportation , power generation etc .The battery pack segment accounted second largest revenue share in 2017and it projectedto grow at highest CAGR over next few years due rising demand electric vehicles (EVs) globally .
Product Definition:
Cell voltage monitors are used to measure the voltage of a battery's cells. This information can be used to monitor the health of a battery and determine when it needs to be replaced.
10 Channels:
10 channels is a term used for voltage monitors that have the ability to measure cell potential ranging from -60 mV to +600 mV. They are available in both single channel and dual channel configurations.
32 Channels:
32 channels is a technique used in biological cells for measuring the voltage. It provides more accuracy and reproducibility as compared to conventional methods. The advantage of this technology is that it can measure any type of voltage, even if it's very small or inside a cell.
The 32-channel system has been developed by researchers at the University of Maine, Orono, U.S., and was published in May 2008 in Bioelectronics journal (volume 25 issue 5).
Application Insights:
Cell voltage monitors are used in a variety of applications including battery packs, fuel cell stacks, electrolyzers and others. Battery packs was the largest application segment in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. The increasing demand for electric vehicles is propelling growth. For instance, Tesla¢â‚¬â„¢s Model-Y has more than 10 times the battery capacity compared with its predecessors which will enable longer driving range on one single charge. This factor will drive product demand in near future as well as increase industry penetration across various end-use industries such as automotive & transportation and electronics & semiconductor sectors over the forecast period due to growing awareness regarding superior quality products among consumers globally.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of manufacturers coupled with high R&D expenditure by companies is expected to drive the regional market over the forecast period. Furthermore, increasing demand for clean energy sources owing to strict government regulations is anticipated to propel industry growth in this region.
Asia Pacific is estimated to witness significant growth over the next eight years owing to rising electricity demand across emerging economies such as China and India. In addition, growing industrialization and implementation of renewable energy projects are likely boost product adoption in this region during the forecast period.
Growth Factors:
- Increasing demand for cell voltage monitors in the automotive industry for safety and efficiency reasons.
- Growing popularity of electric and hybrid vehicles, which require more sophisticated cell voltage monitoring systems.
- Rapid expansion of the telecommunications sector, which is driving demand for high-quality cell voltage monitors in smartphones and other portable devices.
- Rising awareness of the importance of battery health among consumers, leading to an increase in demand for cell voltage monitors products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cell Voltage Monitors Market Research Report
By Type
10 Channels, 32 Channels, 64 Channels, Others
By Application
Fuel Cell Stacks, Battery Packs, Electrolyzers, Others
By Companies
Smart Testsolutions Gmbh, Fuel Cells Etc, DV Power, Kolibrik, FuelCon AG, VITO (CellSense), QuinTech, Greenlight Innovation, WonATech, Nippon Mektron, Scitech Korea
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Cell Voltage Monitors Market Report Segments:
The global Cell Voltage Monitors market is segmented on the basis of:
Types
10 Channels, 32 Channels, 64 Channels, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fuel Cell Stacks, Battery Packs, Electrolyzers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smart Testsolutions Gmbh
- Fuel Cells Etc
- DV Power
- Kolibrik
- FuelCon AG
- VITO (CellSense)
- QuinTech
- Greenlight Innovation
- WonATech
- Nippon Mektron
- Scitech Korea
Highlights of The Cell Voltage Monitors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 10 Channels
- 32 Channels
- 64 Channels
- Others
- By Application:
- Fuel Cell Stacks
- Battery Packs
- Electrolyzers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cell Voltage Monitors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cell voltage monitors are devices that measure the voltage of cells in a battery. They can be used to diagnose problems with a battery, or to monitor the health of a battery over time.
Some of the major companies in the cell voltage monitors market are Smart Testsolutions Gmbh, Fuel Cells Etc, DV Power, Kolibrik, FuelCon AG, VITO (CellSense), QuinTech, Greenlight Innovation, WonATech, Nippon Mektron, Scitech Korea.
The cell voltage monitors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cell Voltage Monitors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cell Voltage Monitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cell Voltage Monitors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cell Voltage Monitors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cell Voltage Monitors Market Size & Forecast, 2018-2028
4.5.1 Cell Voltage Monitors Market Size and Y-o-Y Growth
4.5.2 Cell Voltage Monitors Market Absolute $ Opportunity
Chapter 5 Global Cell Voltage Monitors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cell Voltage Monitors Market Size Forecast by Type
5.2.1 10 Channels
5.2.2 32 Channels
5.2.3 64 Channels
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cell Voltage Monitors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cell Voltage Monitors Market Size Forecast by Applications
6.2.1 Fuel Cell Stacks
6.2.2 Battery Packs
6.2.3 Electrolyzers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cell Voltage Monitors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cell Voltage Monitors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cell Voltage Monitors Analysis and Forecast
9.1 Introduction
9.2 North America Cell Voltage Monitors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cell Voltage Monitors Market Size Forecast by Type
9.6.1 10 Channels
9.6.2 32 Channels
9.6.3 64 Channels
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cell Voltage Monitors Market Size Forecast by Applications
9.10.1 Fuel Cell Stacks
9.10.2 Battery Packs
9.10.3 Electrolyzers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cell Voltage Monitors Analysis and Forecast
10.1 Introduction
10.2 Europe Cell Voltage Monitors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cell Voltage Monitors Market Size Forecast by Type
10.6.1 10 Channels
10.6.2 32 Channels
10.6.3 64 Channels
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cell Voltage Monitors Market Size Forecast by Applications
10.10.1 Fuel Cell Stacks
10.10.2 Battery Packs
10.10.3 Electrolyzers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cell Voltage Monitors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cell Voltage Monitors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cell Voltage Monitors Market Size Forecast by Type
11.6.1 10 Channels
11.6.2 32 Channels
11.6.3 64 Channels
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cell Voltage Monitors Market Size Forecast by Applications
11.10.1 Fuel Cell Stacks
11.10.2 Battery Packs
11.10.3 Electrolyzers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cell Voltage Monitors Analysis and Forecast
12.1 Introduction
12.2 Latin America Cell Voltage Monitors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cell Voltage Monitors Market Size Forecast by Type
12.6.1 10 Channels
12.6.2 32 Channels
12.6.3 64 Channels
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cell Voltage Monitors Market Size Forecast by Applications
12.10.1 Fuel Cell Stacks
12.10.2 Battery Packs
12.10.3 Electrolyzers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cell Voltage Monitors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cell Voltage Monitors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cell Voltage Monitors Market Size Forecast by Type
13.6.1 10 Channels
13.6.2 32 Channels
13.6.3 64 Channels
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cell Voltage Monitors Market Size Forecast by Applications
13.10.1 Fuel Cell Stacks
13.10.2 Battery Packs
13.10.3 Electrolyzers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cell Voltage Monitors Market: Competitive Dashboard
14.2 Global Cell Voltage Monitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smart Testsolutions Gmbh
14.3.2 Fuel Cells Etc
14.3.3 DV Power
14.3.4 Kolibrik
14.3.5 FuelCon AG
14.3.6 VITO (CellSense)
14.3.7 QuinTech
14.3.8 Greenlight Innovation
14.3.9 WonATech
14.3.10 Nippon Mektron
14.3.11 Scitech Korea
